TRF Announces Bonus for 2016-17

TRF Announces Bonus for 2016-17

Jamshedpur
August 25, 2017


The Management of TRF Limited and The Tata Robins Fraser Labour Union signed an Agreement on August 25, 2017 for payment of Annual Bonus for the accounting year 2016-17.

As per the agreement, eligible employee will receive 8.33% bonus / Ex- gratia of their respective actual earnings (Basic + DA) earned during the accounting year 2016-17. Accordingly, the minimum bonus works out of Rs. 7,160/- and maximum bonus works out to Rs. 38,373/-

The agreement was signed by Mr. P S Reddy, MD, Mr. Sandeep K Tanwar, VP (Projects), Mr. Subhashish Datta, CFO, Mr. Sanjay Kumar, Dy. Chief (BMHE), Mr. Arvind Kumar, AGM (P&A) on behalf of the Management and Mr. Rakeshwar Pandey, President, Mr. M H Hiramanek, Dy. President, Mr. Ras Bihari Ray, Vice President, Mr. S K Jha, General Secretary, Mr. B Purty, Mr. Sanjay Kumar, Assistant Secretaries and all Executive Committee Members on behalf of the Union.

 

 

Mr PS Reddy, MD, TRF and Mr Rakeshwar Pandey, President, Tata Robins Fraser Labour Union at the bonus agreement.

 

 

 

(Rajen Sahay)
Head, Corporate Communications
TRF Limited

TRF Ltd. is a pioneer in engineering and supply of material handling equipment and systems for five decades. TRF has recently acquired Hewitt Robins Fraser Limited, UK to enhance it scale of bulk material equipment and make a more meaningful presence in both European and Indian markets and the sub-continent. It also has business interest in automotive applications. The company’s subsidiary, York Transport Equipment (Asia) Private Limited, Singapore is engaged in the business of production and distribution of trailer under gears, with market presence in 27 countries. York Transport Equipment (Asia) Private Ltd has four manufacturing facilities worldwide, including one in India. TRF has also set up Adithya Automotive Applications Limited, an automotive applications unit under a joint venture in Lucknow. More recently, TRF acquired the Dutch Lanka Trailer (DLT) Manufacturers Limited, Sri Lanka. DLT is a world-class trailer manufacturing company and has manufacturing facilities in Sri Lanka, Oman and India. It exports trailers to as many as 30 countries.

11 Station Road Burmamines Jamshedpur 831 007 INDIA
Tel: +91 657 3046407 | FAX: +91 657 2345712 | Web: www trf.co.in